The best places in the UK to buy a holiday home for under £250,000 

For anyone looking to invest their money, the property market is always a tantalising option – but if it’s a holiday home or holiday let that you are after, where do you begin your search?

Well, to get the ball rolling, using data from estate agency Savills, we have found the best locations in the UK where you can buy with a budget of £250,000.

If you have a different sum at your disposal, check out where to buy with £200,000 or £300,000 right now.

Plymouth

Britain’s so-called “Ocean City” borders the dramatic Dartmoor National Park and is less than an hour’s drive from the golden sands of the South Devon Area of Outstanding Natural Beauty. 

House prices in the area have risen by 3.8 percent since 2020 to reach an average £205,016. This means buyers hoping to invest in a holiday home here with a mortgage would need at least £51,000 for a deposit. 

But the investment could be worth it as holidaymakers fighting for a slice of sand and sea have been willing to pay more for accommodation in the area.

Matt Edwards, of Bradleys Estate Agents in Plymouth, said holiday rentals on the waterfront were most in demand and prices for sea views were strong.

“Visitors are willing to spend a bit extra to upgrade from a city centre location to a property with a water view, so areas like Plymouth Hoe and the Barbican can demand a premium on Airbnb,” he added.





Plymouth is Britain’s so-called “Ocean City”


Credit: Sam Whitfield – Ultimate Shot/Alamy Stock Photo

East Lindsey

Much like Plymouth, the area of East Lindsey on the east coast of England mixes long stretches of beaches with beautiful countryside.

The rolling hills of the Lincolnshire Wolds were designated an Area of Outstanding Beauty in 1973 and inspired the works of Somersby-born poet Alfred Tennyson. 

The average house costs £207,877, with prices having risen 6.3 percent since 2020.

Northumberland

Historic Northumberland hosts more castles than any other county in England and its vast countryside has had its fair share of appearances on the silver screen.

Fans of the Harry Potter films will recognise Alnwick Castle, dubbed the Windsor of the North, as the Hogwarts School of Witchcraft and Wizardry. When the castle is open to visitors the town is noticeably busier, said Matt Hoy, of local estate agency Bradley Hall. 





Alnwick in Northumberland, where the average property in costs £212,603


Credit: Rick Strange/Alamy Stock Photo

The average property in Northumberland costs £212,603, but terraced houses in the famed town of Alnwick come with an average price tag of around £196,600. 

Mr Hoy said houses were being built in the area with occupancy restrictions, which restrict purchases for the purpose of holiday lets. 

However, some places, such as one built in the fishing village of Craster on the Northumberland coast, have no such restrictions and are expected to be popular with buyers looking for a holiday home.

“It won’t necessarily appeal to the bona fide investor types who won’t make use of the property themselves, but we expect they will be popular with people looking for a holiday home for themselves, which they can rent out when not in use,” said Mr Hoy. 

He added: “There are a lot of holiday letting management companies in the area, so you don’t have to be on the doorstep to run something like that and buyers can still get a good return.”

Staffordshire Moorlands and Derbyshire

More than 13 million people visit the Peak District National Park and its 65 miles of off-road cycling and walking trails each year. It is one of the most popular national parks in the UK and spreads into Derbyshire and Staffordshire.

House prices in the area have risen by 6 percent and are on average £214,995. 

Property buyers looking to invest in the holiday let market here are mainly looking at terraced cottages, with something unique and quirky about them, said Abi Wilkinson, of estate agency Whittaker and Biggs. 





More than 13 million people visit the Peak District National Park each year


Credit: robertharding /Alamy Stock Photo

“We have certainly seen a boost in the number of people either searching for their own holiday home or a property to let out. 

“Staffordshire Moorlands is close to the Peak District National Park, but cheaper than other surrounding areas. Many buyers have been looking to make the most of the stamp duty holiday too,” said Ms Wilkinson. 

The town old market town of Leek has proved particularly popular, with visitors able to access the countryside but with good links to Cheshire and the theme park Alton Towers. 

In Derbyshire, average house prices are higher, at £227,923, after growing by 10 percent since 2020.

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